BBAX vs IQLT: Holdings Overlap
BBAXJPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF
JPMorgan · 96 holdings · $6.7B · as of 2026-04-30
IQLTiShares MSCI Intl Quality Factor ETF
iShares · 309 holdings · $14.0B · as of 2026-04-30
How similar are BBAX and IQLT?
JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BBAX, by JPMorgan) holds 96 positions; iShares MSCI Intl Quality Factor ETF (IQLT, by iShares) holds 309. They have 40 holdings in common, and by portfolio weight the two funds are 10.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 40BBAX holds 96 · IQLT holds 309
- Weight in Shared Holdings
- BBAX 45%·IQLT 10%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in BBAX
56 of 96 positions (54.1% of the fund) are not held by IQLT. Showing the top 30 by weight.
Sector Breakdown
| Sector | BBAX | IQLT |
|---|---|---|
| Financials | 45.0% | 23.4% |
| Industrials | 7.0% | 17.3% |
| Materials | 14.6% | 7.0% |
| Information Technology | 0.2% | 10.8% |
| Health Care | 3.2% | 9.4% |
| Other Sectors | 22.6% | 26.5% |
| Unclassified | 6.6% | 5.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (7% of BBAX, 5% of IQLT).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| BBAX | +8.2% | +18.1% | +21.6% | +15.2% | +7.0% | — | 3.44% |
| IQLT | +4.5% | +15.4% | +24.8% | +16.1% | +8.2% | +10.1% | 2.31% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in BBAX vs IQLT →
Shared Holdings(40)
The top 10 shared positions account for 65% of the overlap, led by BHP, 388 and DBS.
 BHPBHP Group Ltd. | 8.66% | 1.40% | 1.40% |
|---|---|---|---|
 388Hong Kong Exchanges & Clearing Ltd. | 2.88% | 1.16% | 1.16% |
 DBSDBS Group Holdings Ltd. | 4.25% | 0.92% | 0.92% |
 OCBCOversea-Chinese Banking Corp. Ltd. | 2.54% | 0.68% | 0.68% |
 WESWesfarmers Ltd. | 2.73% | 0.65% | 0.65% |
 WDSWoodside Energy Group Ltd. | 2.05% | 0.48% | 0.48% |
 UOBUnited Overseas Bank Ltd. | 1.73% | 0.35% | 0.35% |
 QBEQBE Insurance Group Ltd. | 1.11% | 0.34% | 0.34% |
 RIORio Tinto Ltd. | 2.06% | 0.30% | 0.30% |
 16Sun Hung Kai Properties Ltd. | 1.35% | 0.27% | 0.27% |
 SGXSingapore Exchange Ltd. | 0.63% | 0.26% | 0.26% |
 BXBBrambles Ltd. | 1.01% | 0.26% | 0.26% |
 669Techtronic Industries Co. Ltd. | 0.96% | 0.22% | 0.22% |
 SUNSuncorp Group Ltd. | 0.61% | 0.17% | 0.17% |
 ALLAristocrat Leisure Ltd. | 0.97% | 0.17% | 0.17% |
 FMGFortescue Ltd. | 1.03% | 0.17% | 0.17% |
 CPUComputershare Ltd. | 0.55% | 0.15% | 0.15% |
 MPLMedibank Pvt Ltd. | 0.42% | 0.15% | 0.15% |
 IAGInsurance Australia Group Ltd. | 0.59% | 0.15% | 0.15% |
 STESingapore Technologies Engineering Ltd. | 0.60% | 0.14% | 0.14% |
 TLSTelstra Group Ltd. | 0.69% | 0.13% | 0.13% |
 REAREA Group Ltd. | 0.29% | 0.13% | 0.13% |
 1113CK Asset Holdings Ltd. | 0.53% | 0.13% | 0.13% |
 ASXASX Ltd. | 0.38% | 0.12% | 0.12% |
 823Link REIT | 0.58% | 0.12% | 0.12% |
Frequently Asked Questions
How much do BBAX and IQLT overlap?
BBAX and IQLT overlap by 10.1% of portfolio weight. They share 40 holdings (BBAX holds 96 positions and IQLT holds 309), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BBAX and IQLT?
The two portfolios are 10.1% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of BBAX and IQLT?
The largest positions held by both funds are BHP, 388, DBS, OCBC and WES. Together the top 10 shared positions account for 65% of the total overlap.
What does BBAX own that IQLT doesn't?
56 positions (54.1% of BBAX) are unique to BBAX, led by CBA, 1299 and WBC. In the other direction, 269 positions (89.3% of IQLT) are unique to IQLT.